Duncan Aviation recently compiled and published a new edition of its Business Jet Model/Market Summary. The 3Q 2016 Edition of this quick reference guide is compiled to show the most recent published market pricing/valuation information from 2Q 2016 in an easy-to-use and easy-to-compare format.
“We use this tool with our aircraft sales and acquisition clients as an initial introduction and overview of what is happening in the market,” says Doug Kvassay, a Duncan Aviation Aircraft Sales and Acquisitions Rep with Duncan Aviation. “It helps to narrow down what models will complete their required mission, while taking into account the age, price range, seating capacity and operating cost. Although pricing is expressed in a range of values, a number of customers use it to track the pricing trends. Pricing in the light, medium and large jets continue to remain soft with the last Bluebook reducing values across the board. The larger the jet, the more the values have fallen percentage-wise.”
An important thing to keep in mind when viewing the report, Kvassay continues, is that it is a snapshot of what took place in the business aircraft marketplace in the second quarter of the year rather than a predictor of the future. The data in the report does not track the market but can help operators better understand the current value of their aircraft to determine when it might make sense for them to make changes in their fleet.
To view the new report, visit www.da.aero/market-sum
Duncan Aviation’s Aircraft Sales and Acquisitions team summarizes the data from well-known industry sources and their own market knowledge and experience. They then compile it quarterly for the light jet, mid-size jet and long-range jet categories. Working with Vref Publishing’s Aircraft Value Reference, Conklin de Decker Associates, Inc. and the aircraft manufacturers, the team regularly updates the data in these lists with the latest market intelligence on business aircraft models in operation today and how they compare to others in the same size category.
The tool was originally compiled for a client to help him easily identify the aircraft models he wanted to consider purchasing. It was such a quick and concise way to compare all the data that the Duncan Aviation Aircraft Sales team decided others could benefit from it as well. So they expanded it for other size models and started publishing it quarterly.
The Business Jet Model/Market Summary is sorted by the seats-full range for light, mid-size and large aircraft. It displays one-line descriptions detailing several attributes, including the following:
• Years Produced. The range of years the model was in production.
• Vref Price Range. The current marketing value according to the Vref – Aircraft Value Reference.
• Variable Cost / Hour. The estimated cost to operate the aircraft at full capacity.
• Normal Cruise Speed.
• Cabin Volume / Length / Height. Based on user requests, this now includes cabin width, too.
• Cabin Seats. The number of available seats on the aircraft.
• Expected Avionics. The expected avionics found in the Flightdeck.
• NBAA IFR Range-Seats Full. The list is sorted by this, the flight range in nautical miles with all seats full.
• NBAA IFR Range Ferry. Flight range in nautical miles with no passengers.
• Payload with Fuel Full. In pounds.
• Average Fuel Burn. In gallons per hour.
• Pilots Required. The number of pilots required to fly the aircraft.
To access the most recent Business Jet Model/Market Summary, visit www.da.aero/market-sum or call one of Duncan Aviation’s aircraft acquisitions representatives at +1.402.475.2611.
For more information, visit Duncan Aviation at booth #3126 during this year’s NBAA convention to be held Nov. 1-3 in Orlando, or watch for announcements at www.DuncanAviation.aero/nbaa. Duncan Aviation will also have a CJ3 with the Rockwell Collins Pro Line Fusion flight deck upgrade near the National Aircraft Resale Association pavilion at the NBAA Static Display at the Orlando Executive Airport.